Plan Snapshot
- Plan Sponsor: Germer PLLC
- Sponsor EIN: 760445148
- Sponsor Address: 550 FANNIN, BEAUMONT, TX, 77701
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $43.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 216 | $43.7M | $1.1M | $2.0M |
| 2023 | 171 | $37.8M | $949,660 | $1.8M |
| 2022 | 164 | $31.2M | $1.0M | $1.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BEAUMONT ASSET MANAGEMENT LLC | ADVISOR | $51,324 | — | $51,324 |
| COOK PARKER AND ASSOCIATES, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,324
- Estimated Expense Ratio: 0.117% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $52,624 | $51,324 | — | — | — |
| 2023 | $46,262 | $43,794 | $1,200 | — | — |
| 2022 | $46,588 | — | — | — | — |